Business Bay, deemed as a 'city within a city', is a mixed collection of residential and commercial properties. Being a commercial hub, Business Bay is very popular among young professionals and couples who work in the area or close-by neighbourhoods. Located just to the south of the vibrant Downtown Dubai, Business Hub is its affordable alternative with almost the same level of luxury and amenities. Renting an apartment in Business Bay is obliged to give you an authentic feel of a classy living in a luxurious community. Being one of the fastest-growing communities in Dubai, the demand for apartments for rent in Business Bay is seeing an upward trend consistently, and the area already ranks in favourites among investors.
Life at Business Bay is a life of convenience. Most buildings have shops, restaurants, and cafes at the base, making it so easy to do daily chores. In addition, the buildings generally have all the modern shared facilities, including swimming pools and gyms. Its prime location is another reason to rent an apartment in Business Bay as it is well-integrated with the rest of Dubai, making it easy to commute to other parts of the emirate. For entertainment and leisure activities, there are green and well-maintained amusement parks like Al Khazzan park and Jumeirah Beach Park. In addition, Business Bay's community is a blend of nationalities. Therefore, living there is not just about luxury; it offers exposure and opportunities to learn like no other place.
The apartments for rent in Business Bay promise to uplift your lifestyle. There are many freehold properties; hence, most of the landlords are foreigners. A studio flat in Business Bay can cost up to 65,500 AED per annum. The average rent for 1-bed and 2-bed apartments in Business Bay is 75,500 and 90,500, respectively. If you are family or have pets, there are spacious 3-bed and 4-bed apartments as well, starting from 170,500 AED per annum.
The Habtoor City and Bay's Edge are among very popular areas among people looking to rent an apartment in Business Bay. These areas are perfect for luxury-convenience hybrid living. If you like a skyline view, you can check out apartments in Merano Tower. The flats come equipped with all modern amenities and in a wide range of sizes and prices.
Is Business Bay a good place to live in?
Business Bay is a perfect spot for people who want a luxurious lifestyle and remain connected with the rest of Dubai. It is highly popular among young professionals and couples.
Are apartments for rent in Business Bay any good?
Business Bay features luxurious apartments with all modern amenities and a touch of commercial spaces. Almost every building has retail shops, cafes, and grocery stores that make life easier.
What is the rent-to-own option in Dubai?
This contract is exactly as it sounds. Instead of paying rent monthly, you pay the agreed amount to the developer each month, which leads to eventually owning the property. To avail of this scheme, a down payment is required – not compulsory, but it's there mostly.
Can you rent for only a month in Dubai?
Yes, both short-term contracts for rent (monthly, even weekly) are available. These are suitable for tourists, investors, and businessmen who move a lot.